The broadcast television company that has just lured Adrienne Roark from CBS and is today led by Mike Steib has confirmed when its 2025 shareholders’ meeting will take place.
TEGNA Inc.’s annual gathering of those who hold its NYSE-traded stock is scheduled to begin at 9am Eastern on May 21.
Shareholders of record as of the close of business on March 24 will be notified of the meeting and will be eligible to vote.
The annual shareholders’ meeting will be held virtually online via a live webcast. Details, including how shareholders can register to attend, will be available closer to the meeting date at investors.tegna.com.
TEGNA shares were trading at $17.56 in pre-market trading on February 25 and are up 23% from this date in 2024. Much of this growth began in November 2024. But TEGNA appears to be in growth mode based on the hire of Roark as Chief Content Officer, announced last week, just days after it named Tom Cox its Chief Growth Officer.
The performance of TEGNA is one of the industry’s best, defying Soohyung Kim and his Standard General, which unsuccessfully sought to acquire the company but was thwarted by the FCC over concerns tied to its planned equity interest structure and non-voting control held by Apollo Global Management. That entity controls Cox Media Group, and any ownership in TEGNA would have required waivers or necessary divestments to meet the FCC’s lower ownership caps.
